Published 4:15 pm, Tuesday, July 18, 2006

LAS VEGAS, July 18, 2006 (PRIMEZONE) -- KOKO Petroleum, Inc. (Pink Sheets:KKPT) advises that the news release of July 17, 2006 is to be amended.

Reference in this release was made to TRC data regarding oil production from the Foreman 2H well. This was incorrect.

The reference should have been to the Orrell 1-H well.

We trust that this correction has not caused any inconvenience.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.